Neighborhood
Average Rent in Raleigh
Raleigh is a neighborhood in Memphis, TN. It ranks #20 out of 56 for places to rent. Raleigh is in
the county of
Shelby County and no congressional districts. Dwellsy has rental data for Raleigh includes the zip code of
38128, 56 neighborhoods and no rental communities with places to rent.The average rent over the last 3 months for places in Raleigh is $1,179 which represents a decrease of -4.21% over the same period.
Rental Price Comparison
The average rent for places in neighborhood Raleigh currently stands at $1,179.
In comparison, places in the average city, specifically Memphis, is less expensive, with an average rent of $1,175. This represents no difference when compared to Raleigh.
Meanwhile, in the average state of Tennessee, the average rent for the same type of housing is $1,554, showing a more expensive of +32% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a more expensive by +58% when compared to the rent in Raleigh.
$1,179
Raleigh
VS$1,175
Memphis, city
$1,554
+32%
TN, state
$1,859
+58%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
